BabyAce, TP stand for 'take profit', you are the one who control it. My advise to you is by placing your TP higher than your buying price. For example, when you buy at 0.100, then you can take profit at 0.110. Hope that answered your question.
Permaju Industries Bhd has teamed up with Vsolar Group Bhd for a RM217 million large-scale solar power project in Seremban.
The group said its unit Genbayu Gemilang Sdn Bhd has inked a joint venture (JV) agreement with Vsolar to regulate their relationship as shareholders of Cubetech Asia Sdn Bhd, which is bidding for the project.
"Cubetech Asia intends to submit its tender to build and operate a large-scale solar 4 (LSS4) proposed 50MW plant in Seremban subject to the terms and conditions stipulated in the JV agreement," the group said in a bourse filing.
"The project consists of terms including a concession period under a power purchase agreement with Tenaga Nasional Bhd, spanning 21 years starting from the commercial operation date by Dec 31, 2023," it added.
Under the agreement, Genbayu Gemilang will lease the required land to Cubetech Asia at no cost to undertake the project. The former will hold a 70% stake in Cubetech Asia, while Vsolar will hold the remaining 30% equity interest.
Permaju said Vsolar will manage and operate Cubetech Asia and assist the latter to secure financing for the project via a mix of equity and debt financing amounting to RM173.6 million and RM43.4 million respectively.
Vsolar is also to assist Cubetech to secure a bid bond amounting to RM1 million and a performance bond totalling RM10 million in the event the latter is awarded with the project.
"The JV agreement will provide opportunities for the parties to establish a strategic partnership for various activities based on the respective parties' expertise and strengths which allow the parties to tap into each other's expertise, networks and resources," said Permaju.
Shares in Permaju closed unchanged at 30 sen with 7.08 million units done. This gives the group a market capitalisation of RM58.78 million.
Vsolar's share price settled half a sen or 9.09% higher at six sen with 62.48 million units changing hands. This values the firm at RM103.52 million.
Soar up? Heikin Ashi is not foolproof. You need others - even with MACD, it does not show much. Right now, it's just predictable play from 0.035 to 0.04 and back. As long as there is no institutional funds looking at this stock, only retailers will play for shorts and you end up caught most of the time if you are not careful
Bowman you must be at loss before, that's because you are emotional ;-)
Let me teach you some lesson, this is for newbie like you, and for me also ;-) Emotion made people lost money, imagine you buy at 0.05, and now the price is 0.04, you're emotional and angry, and because of your emotion you sell your shares, you're at loss if you do that ;-) So moral of the story, do not let your emotion control your decision, let your brain and analytical justification do it..
I give you this investing plan if you are willing to learn from expert,
Buy 1,000,000 shares at price 0.03, then set TP 0.100. Potential gain is about rm69,700 (almost 70k guys!)
Do not cut loss no matter how long you wait, I believe it will be no more than 1 year.. If you are lucky next month will reach your TP ;-)
Guys, RM70,000 in your pocket with modal rm30k ONLY.. Less than one year, what else you want ;-) hehe
If God willing, RM70K next week with modal rm30k, guys, you know it better ;-)
That RM70K + your initial money RM30K = Total RM100K guys ;-)
Let me add some info, for absolute newbie, no need to target 100%, or 200%, as long as it's a profit, then it's a profit,
Buy 0.04 and sell at 0.05 also a profit, that's for absolute newbies.. when you close to expert level like Avalon88, then you can start to target 100% profit, or 200% profit.. But remember guys, emotion! Control your emotion and you will control yourself..
Solar plant is based on the conversion of sunlight into electricity, either directly using photovoltaics (PV), or indirectly using concentrated solar power (CSP). Concentrated solar power systems use lenses or mirrors and tracking systems to focus a large area of sunlight into a small beam. Photovoltaics converts light into electric current using the photoelectric effect.For both project in Solar Interactive Sdn Bhd, we are using photovoltaics method to absorb the direct sunlight and converts into electric.
Emotion made rich people become poor Emotion made good people become bad Emotion made healthy people become sick Emotion made something good to become bad
See, emotion can make you bankrupt you know, when you upset and angry, and when you cannot handle your emotion you might do unnecessary mistake without you realizing it
Example about bad emotion in investing: You buy some shares at 0.100, and hope it can become 0.15 as soon as possible, after several week it didn't go as you planned, you become upset and just sell it now, which the price is 0.03... Do you know how much your loss? You're at loss baby
So my advice to you, learn to control your emotion, do not become angry and upset so easily.. Usually this happened when you have very little knowledge about investing strategy.. So most important thing is try to learn basic investing and gradually topup your knowledge about investing.
So 2 things 1. Emotion (learn how to be steady and control your emotion) 2. Knowledge (Must have sufficient knowledge, and up-to-date, e.g. reading books, news, etc..)
BabyAce, I hope you learn something today. And I don't mind if you don't thank me for teaching you about emotion, I just hope someday you can control your emotion better, not only in Investing arena, but also in your life. Good luck baby
PeterPan, it's you to decide whether you want to accept someone's teachings or not.
You can actually use your justification, or verify it with another teacher, about something you learn here. When it's good for you, you can apply it in your life.
Anyway hope all of us can be better investor in future. God Willing.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Avalon88
526 posts
Posted by Avalon88 > 2020-10-07 20:56 | Report Abuse
BabyAce, TP stand for 'take profit', you are the one who control it. My advise to you is by placing your TP higher than your buying price. For example, when you buy at 0.100, then you can take profit at 0.110. Hope that answered your question.